Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 0.1458 to 0.0524 . 0.09 (40.26%) .
Intermediate 0.0579 to 0.1 . . 0.07 (71.26%)
Short 0.1 to 0.07 0.08 (33.33%) . .